I'm 28 so a little older than the prompt, I have a setup i never use it. I used it a lot as a kid but it doesn't hold up to the alternatives.

• tv & movies: the worst matchup with alternatives. In the time of the first adbreak i could add the show or movie to my *arr and get it before the ads are done. I also don't have to tune in on the hour/half hour and can switch to my phone/pc if I want/need to go somewhere else.
• live news: i don't like tv news generally, but if i wanted i could watch it for free on YouTube or via free app.
• live sports: the most compelling usecase. Unfortunately when I did follow sports I followed a team from the next city over, which means they get no coverage here making it useless. It also more ads than streams. Streams are honestly still pretty inconvenient and still pretty ad filled (banner ads, "this goal sponsored by" physical ads in the arena). None of this is worth it to me anymore so I just don't watch anymore.